Valuation dashboard for Hagerty, Inc. (HGTY) with P/E N/A, P/B 5.28, EV/EBITDA 70.6 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Financial Services companies.
Hagerty, Inc. operates globally, serving as an insurance agency that specializes in policies for automobiles and boats, in addition to offering reinsurance products. Beyond its core insurance offerings, the company provides a suite of services and platforms: Hagerty Media distributes content through its HDC Magazine, various video productions, and a dedicated YouTube channel.
What would it be worth at its usual multiples?
Versus its usual multiples: expensive · Current P/B 5.3× · Multiples range: $4.43 · $5.90.
At a P/B justified by its ROE 9.8 % (1.5×) $4 (-72 %); at its peers' median (2.0×) $6 (-62 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
Analysis Summary
Hagerty, Inc. reported revenue of $1.46B in the most recent fiscal year, growing at a 5-year CAGR of 23.9%. Net income reached $49.0M, with a 37.0% 5-year CAGR.
Trailing-twelve-month margins: gross margin 75.2%, operating margin 2.4%, net margin 1.8%.
At $15.58 (closing price, October 30, 2026), HGTY trades at a P/E of 158.49 and an ROE of 9.81%. Market capitalisation stands at $5.4B.
Balance sheet quality for HGTY: debt-to-equity ratio of 0.87, current ratio of 0.00 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 158.49 |
| Price / Book | 5.28 |
| EV / EBITDA | 70.6 |
| Dividend Yield | 0.00% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| HGTY | Hagerty, Inc. | $5.4B | 158.49 | 5.28 | 9.8% |
| SIGI | Selective Insurance Group, Inc. | $5.9B | 11.88 | 1.70 | 14.3% |
| TCBI | Texas Capital Bancshares, Inc. | $3.9B | 11.59 | 1.11 | 10.1% |
| TFSL | TFS Financial Corporation | $4.6B | 45.44 | 2.28 | 5.2% |
| CRVL | CorVel Corporation | $4.2B | 36.54 | 10.22 | 29.9% |
| MCY | Mercury General Corporation | $5.7B | 6.05 | 2.00 | 37.2% |
| CNO | CNO Financial Group, Inc. | $5.3B | 13.11 | 2.29 | 16.6% |
| AGO | Assured Guaranty Ltd. | $3.1B | 9.65 | 0.56 | 6.3% |
Price
| Price | $15.58 (closing price, October 30, 2026) |
| Market Cap | $5.4B |
| Exchange | NYSE |
| Country | US |
Profitability
| Return on Equity | 9.81% |
| Return on Invested Capital | 2.36% |
| Return on Assets | 1.19% |
| Gross Margin | 75.24% |
| Operating Margin | 2.45% |
| Net Margin | 1.81% |
Related companies: SIGI · TCBI · TFSL · CRVL · MCY · CNO · AGO · PJT
Explore sector: Financial Services · Insurance - Property & Casualty
More sections of HGTY: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks